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Atiku, Wives, Under International Banking Surveillance

The Financial Crimes Enforcement Network (FinCEN), an agency of the U.S. Department of Treasury, has placed former Nigerian Vice President Atiku Abubakar and his family members under close watch. According to a report by online medium, PREMIUM TIMES, new findings have now shown that FinCEN flagged some transactions linked to the senior politician as suspicious as it surveilled money movements within the international financial system. hese findings, according to the report, also offer fresh insight into how huge funds linked to Atiku may have been moved across international jurisdictions using…

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EFCC Arrests Two Lecturers, 28 Others For Alleged Internet Fraud In Kwara

Operatives of the the Economic and Financial Crimes Commission ( EFCC), Ilorin zonal office, have arrested two lecturers of the Kwara State College of Health Technology, Offa: Abdulahi Opashola and Adebisi Ademola and twenty-eight others over their alleged involvement in offences bordering on internet fraud. The twenty-eight other suspects are: Kingsley Essien; Tobiloba Adenuga; Tope Ayodele; Rasheed Mujib; Oladipo Opeyemi; Saadu Muktar; Oladejo Hammed; Hammed Tope; Ameachi Umenyi, Salauden Adam and Afolabi Gafar. Others are: Oladimeji Timi; Remilekun Adeolu; Audu John; David Momodu; Abdulkareem Samad; Adebiyi Sodiq; Dawodu Olusoji; Yusuf…

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EFCC Arrests 13 Suspected Internet Fraudsters in Lagos

The Economic and Financial Crimes Commission, EFCC, Lagos zonal office, has arrested 13 suspected internet fraudsters, around the Alagbado axis of Lagos State. The suspects are Olowosoke Temidire; Oladoyin Tolulope; Adeyemi Toyese Jubril; Agbeluyi Olusola; Olayinka Azeez; Abdullahi Olalekan; Gbenga Ade; Nwokeso Innocent; Obodoukwu Godstime; Mba Emmanuel; Oluwadare Ibisiola, Damilola Ogunsemire and Christopher Ubong The suspects were arrested on Wednesday, September 2, 2020 by operatives of the Commission at Plot 109 Obas Street off AIT Estate, Lagos State, and some other areas within the axis, following credible intelligence received from…

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9 suspected Yahoo boys arrested in Port Harcourt (photos)

The Port Harcourt Zonal office of the Economic and Financial Crimes Commission, EFCC, on Wednesday, August 26, 2020, arrested nine suspected internet fraudsters. A statement released by the antigraft agency gave the names of the suspects as Sotonye Orugbane; David Egbunugwu; Emmanuel Chinemerem, Providence Oliver Samuel and Emmanuel Fidelis Nwambu. Others are: Promise Nkwachi; Micah Nimi, Precious Ogadinma and Ebi Micah. According to the statement, the suspects were apprehended in an early morning raid on their hideout in Ozuoba by Obirikwere Road, Choba; NTA Road and Ada George Road in…

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I won’t fold my arms any longer, I’ll reply every attack point to point – Magu

Ibrahim Magu, suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), says he will respond to every allegation against him now ”point to point”. Magu who denied misappropriating funds recovered for the Nigerian National Petroleum Corporation (NNPC) in a statement released by his lawyer Wahab Shittu, averred that the allegations he is currently facing were never brought before the panel set up by President Muhammadu Buhari to probe the activities of the EFCC under him. The statement read; ”Take notice that, our client can no longer fold his…

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Court orders EFCC to return Mompha’s passport, wrist watches and iPhone

A federal high court sitting in Lagos has ordered the Economic and Financial Crimes Commission (EFCC) to release everything seized from Instagram big boy, Mompha. Justice Liman who ruled on a July 6 application filed by Mompha’s counsel, Mr Gboyega Oyewole (SAN), ordered the return of the items which include five luxury wristwatches, an apple iPod, an iPhone 8 device and a pair of sunglasses. They are reportedly among the items found on him during his arrest last October 19, in Abuja. The federal high court judge who noted that the…

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EFCC: Magu opens up on alleged N4b, N28m to Osinbajo, Falana

Embattled Ibrahim Magu, the suspended acting chairman, Economic and Financial Crimes Commission (EFCC), has opened up on the allegations that he gave N4 billion to Vice President Yemi Osinbajo. Magu described the claim as false and a calculated attempt to tarnish Osinbajo’s hard-earned reputation The suspended EFCC boss, who was freed from detention on Wednesday, equally denied giving the sum of N28 million to Femi Falana SAN, a human rights lawyer. Magu spoke in a petition signed by his lawyer, Wahab Kunle Shittu and addressed to the Chairman of the…

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EFCC Arraigns Alleged Oil Thief, Notorious Hacker In Port Harcourt

The Economic and Financial Crimes Commission has arraigned Ahweyevu Ese, a suspected oil thief, in Port Harcourt, Rivers State. According to EFCC’s Head of Media and Publicity, Dele Oyewale, Ese was arraigned before Justice I.M. Sani of Federal High Court, Port Harcourt, on one count charge bordering on illegal dealing in petroleum products without the appropriate license. The charge reads, “That you Ahweyevu Ese, on or about the 19th of August, 2019, at Okrika, Rivers State, within the jurisdiction of this court did deal in petroleum product to wit: loading…

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Magu released after 10 days in detention

The suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has been released from police custody after 10 days in detention. The embattled anti-corruption agency boss was was arrested on July 6, 2020 over corruption charges and brought before the Justice Ayo Salami-led Presidential panel. Magu was accused of being unable to account for the interest accrued to recovered funds of about N550billion. He was at the same accused of insubordination and purchase of property in Dubai, the United Arab Emirates. Magu was also accused of…

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Interest on recovered N550bn re-looted under Magu – Investigation panel

The suspended Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu allegedly re-looted recovered funds, according to the Presidential Panel investigating corruption charges against him. The Presidential Panel in its final report disclosed that investigations showed that the interest on the N550 billion recovered by the agency under Magu “has been re-looted”. The panel in its report also said there is a difference of N39 billion between EFCC’s deposits in the bank and what the agency said it recovered. The report in part reads “It is quite disturbing…

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Ibrahim Magu quizzed over 380 houses, 7 crude oil-laden ships, N37bn assets

Suspended Acting Chairman of Economic and Financial Crimes Commission (EFCC), Ibrahim Magu was asked to account for 380 houses and seven vessels loaded with crude oil. Magu was grill by Justice Ayo Salami-led Presidential panel, and was also queried on disposal of assets worth N37 billion. The allegations were reportedly levelled against him by Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN). Vanguard reported that the panel started quizzing Magu on Monday after his arrest by detectives in Abuja. On Tuesday, he was grilled on cash discrepancies…

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Magu spends night in police custody after rumored DSS arrest

The embattled acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, reportedly spent the night in police custody. This was based on the orders of a presidential panel probing alleged infractions against him. According to a report by Premium Times, Mr Magu was arrested in front of the EFCC office in Abuja by security officials on Monday. He was taken to the Presidential Villa, Abuja, where he appeared before a presidential panel investigating alleged corruption and insubordination. The allegations of insubordination and ‘relooting of recovered funds’ were…

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Alleged Fraud: Influencer, Adeherself arraigned in court, remanded.

The Economic and Financial Crimes Commission, EFCC has arraigned social media influencer and comedian, Adedamola Adewale Rukayat (a.k.a Adeherself) before Justice Sherifat Solebo of the Special Offence Court sitting in Ikeja, Lagos on a one-count charge of possession of fraudulent documents. The defendant was arrested last month following intelligence received by the Commission on the activities of some young men allegedly involved in internet fraud in the Lekki axis of Lagos State. During interrogation, Adewale AKA “Adeherself” reportedly confessed to being a picker” in cybercrimes. The count read: “That you,…

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DSS Denies Arresting EFCC Boss, Ibrahim Magu

The Department of State Security, DSS, has denied arresting the Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. In a statement made available to POLITICS NIGERIA, signed by its spokesperson, Peter Afunanya(Ph.D.) on Monday afternoon, denied the reports. “The Department of State Services (DSS) wishes to inform the public that it did not arrest Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission (EFCC) as has been reported by sections of the media.” “The Service, has since, today, 6th July, 2020, been inundated with inquiries over…

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